Super Micro Computer (SMCI) Down 74% from All-Time High

Overview:
Super Micro Computer (SMCI) has dropped 74% from its all-time high, with a maximum drawdown of approximately 86%. This sharp decline raises the question: Is the worst over, or could further downside be ahead?

Fundamental Context:
Despite the drawdown, SMCI remains a leader in the AI server market. Long-term demand for AI-related infrastructure may support future growth.

Market Sentiment:
Investor sentiment around AI and related tech stocks has shifted, contributing to SMCI's recent decline. Broader sector weakness and concerns over growth sustainability may be playing a role.

External Factors:
Broader market conditions, including interest rates, macroeconomic uncertainties, and evolving demand for AI infrastructure, are critical variables influencing the stock.